Quote from: crptotrader007 on September 05, 2018, 05:31:38 PM

Quote from: dohh on September 05, 2018, 10:31:58 AM

First block of proof. (I explain, why BTC in current state doesnt have future of 20 or 40 years, when all 21M BTC will be released, It will end much earlier).

It is no secret, that solving blocks is getting more difficult and that is happening in exponential rate.
https://bitinfocharts.com/comparison/bitcoin-difficulty.html

At the same time, profitability of mining vanishes into zero. It has ROI negative in most of countries already.
https://bitinfocharts.com/comparison/bitcoin-mining_profitability.html

At the same time Hash rate grows and grows.
https://bitinfocharts.com/comparison/bitcoin-hashrate.html

Its a common myth here, that vanishing profitability of mining is covered by transaction fees, but that is far from being true.

https://bitcoinfees.info/

Conclusion: mining is getting more and more pointless and that is happening in furious pace!

Agreed with all your points but that doesn't prove that btc will end.Now the market is in low,which means the mining fees are also in low resulting in decrease but the tide will turn definitely and this will also change.So coming to a conclusion this soon is unethical.

Its OK, I expected the majority not to agree. People are very weak in understanding, what exponential means. Exponential lessening means lessening in ridiculously high pace.

Side question: if You could fold single piece of paper 40 times to half and stood on top it it, how high would you be from the ground?